
Foot Guns - Bitcoin Cheat Sheet (08/20/2026)
"To be a successful speculator you must be willing to fail frequently, but you must fail small."
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"To be a successful speculator you must be willing to fail frequently, but you must fail small."

"Anything that helps make addicts out of occasional traders should be avoided as if it were the bubonic plague."

"Good traders think in terms of the next thousand trades, not the next one."

"stay of execution?"

"The market is a mechanism for transferring wealth from the certain to the uncertain, and from the impatient to the patient — but most people queue up on the wrong side of both."

"The market is not a weighing machine — it's a mirror. It reflects what people believe, not what things are worth."

"The trend is your friend until the end when it bends."

Hughes Satellite goes Chapter 11, NFP looms, and BTC hugs SMA50 waiting for Jackson Hole

The options market is telling you something loud: $60K puts are the #1 position on Deribit at $1.17B notional.

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"Stability is destabilizing." -Hyman Minsky